The Art of making Bitcoin & Cryptocurrency
Two executives of a South Korean cryptocurrency exchange have reportedly been sentenced to jail for inflating trading volumes on their exchange. The pair allegedly used a bot to fake large orders in both cryptocurrencies and Korean won. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Prison Sentences Two executives of South […]
The post Executives of Korean Exchange Sentenced to Jail for Faking Volumes appeared first on Bitcoin News.
Cryptocurrencies are gradually becoming a viable payment option across a range of markets and jurisdictions. If there is a tool that significantly expands the usability of digital coins in a world still dominated by traditional payment systems, it’s the crypto debit card. A growing number of reliable platforms offer the fintech product to bitcoin enthusiasts. […]
The post 8 Crypto Debit Cards You Can Use Around the World Right Now appeared first on Bitcoin News.
Bitcoin approaches the $3,750 mark again as all the top 20 cryptocurrencies are seeing slight to moderate gains
A blockchain researcher has been working on a scaling effort for the unspent transaction output set found in the Bitcoin protocol. According to Tadge Dryja’s recently published description of research, the software engineer is working on a dynamic accumulator called Utreexo. The project could theoretically allow network participants to verify the state of the chain’s […]
The post Lightning Network Co-Creator Is Designing a Scaling Solution Called Utreexo appeared first on Bitcoin News.
Chile is to start taxing cryptocurrencies in April, when taxpayers pay their yearly income taxes, but it’s unclear at what rate. According to local media reports, the country’s revenue authority has included crypto assets in the Annual Income Tax Returns form, which will be declared as “other own income and/or third-party income from companies that […]
The post Chile to Start Taxing Cryptocurrency Earnings in Second Quarter of 2019 appeared first on Bitcoin News.
The plaintiff in a $224M lawsuit against wireless carrier AT&T has turned his attention to a new target. Michael Terpin’s legal team have filed a second suit, this time against 21-year-old Nicholas Truglia, dubbed the “bitcoin bandit” by the New York press. The Manhattan resident, who was arrested on unrelated SIM-swapping charges in November, now […]
The post Plaintiff in AT&T SIM-Swapping Case Sues ‘Bitcoin Bandit’ for $81M appeared first on Bitcoin News.
Huobi has announced that its cryptocurrency derivative platform, Huobi DM, has surpassed $20 billion in cumulative trading volume. The announcement comes just one month after the platform exited beta mode. Also Read: Eastern European P2P Markets See Strongest BTC Volume in Over 12 Months Huobi DM Cumulative Trade Volume Doubles in 2 Weeks Huobi Derivative Market […]
The post Cumulative Volume on Huobi Derivative Market Exceeds $20 Billion appeared first on Bitcoin News.
Wyoming introduces a bill that classifies virtual currencies as money
Digital currency markets have seen some gains during the early morning trading sessions on Saturday. Since our last markets update, the entire cryptocurrency economy has gained $4 billion and a slew of the top digital assets are up between 2-6% over the last 24 hours. Also read: Openbazaar’s New Social Media Platform Aims to Foster Privacy […]
The post Markets Update: Cryptocurrencies Follow Bullish Piercing Pattern as Buyers Advance appeared first on Bitcoin News.
Taiwan: local media reports that seven people who allegedly managed a fraudulent crypto investment scheme have been indicted